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is the time for us to work on what we all agreed to, which is let's keep middle class taxes lower. >> time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic that we can continue to work together to overt this crisis. >> politico also reporting that the two men had a phone call yesterday that was, quote, curt. can these two men with a history of butting heads meet in the middle before america goes over the edge? >> we have a very, very reasonable chance of going over this cliff. every hour is ticking by, every day is ticking by. >> i think when this gets played out at the end, they'll get right up to cliff on new year's eve, we'll all be hugging cliff and giving cliff a kiss on the cheek. >> from the capitol to the white house, get who is coming to lunch. mr. romney goes to washington. he'll dine today at 1600 pennsylvania avenue at the invitation of the president himself. the question, is there a grander purpose behind their lunch date. >> is governor romney here tomorrow in some kind of cabinet level position, an audition fo
creation in our country. >>er -- every family in america will see their taxes automatically go up at the beginning of next year. >> shepard: so how to avoid that. >> the president and congress will either fail together or we will succeed together. >> there has to be a deal. there has to be an agreement. >> and if they can't come up with a compromise, we are all going to pay the price. plus, they are some of the biggest names in baseball. bonds, clemens, sosa. all three tainted by accusations they used performance enhancing drugs. but should that keep them from cooper's town? tonight, the great debate over baseball's hall of fame ballot but first from fox this wednesday night, the president hopes who have the framework of a deal to avoid the so-called fiscal cliff by christmas. president obama says he would like congress to pass a bill even sooner to extend tax cuts for the middle class families. and he invited some of those middle class americans to the white house today to help make his case. >> i have got a pen. [ laughter ] i'm ready to sign it. [ applause ] so, my point here t
an agreement on taxes and spending could come in time for the holidays. >> i believe that both parties can agree on a frame work that does that in the coming weeks. in fact my hope is to get this done before christmas. >> you know me, i was born with the glass half full. i'm an optimist. >> brown: hopeful signs emanated from the white house and the capitol today, about getting a deal before the new year brings automatic tax hikes and spending cuts. president obama offered his optimism at an event with middle-class americans who'd be hit by any tax increase. >> i'm glad to see-- if you've been reading the papers lately-- - that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> brown: one such lawmaker is republican house member tom cole of oklahoma. the journal "politico" reported he's urging colleagues to extend middle class tax cuts but allow tax rates for top earners to rise for now. that's what the presi
spending her hard-earned tax dollars like water, running trillion-dollar deficits year after year. she's angry and she has every right to be angry. so what are we going to do about it? lately we've heard a lot of talk about raising revenues, but not nearly enough talk about bringing the federal government down to the right size, about matching spending to the resources we have, about balancing the federal budget. oh, we hear about a balanced approach, but that's just a way of saying we need to increase taxes. actually, we don't need to increase taxes. the best thing we could do would be to not increase taxes. the best thing we can do is to raise revenues by making our economy as healthy and strong as it can be. that means we need to help our businesses grow and hire. that's become way too hard to do in the past couple of years. a businessman in duchess county, new york, said he's going to have to limit the number of employees he has to less than 50 so he won't be subject to penalties under the 2010 health law. so right now the federal government is keeping him from offering jobs. that
the other of not taking the situation seriously as tax hikes, rather, speakerration of the bush tax cuts will take effect. so taxes will go up unless someone does something. today, geithner met with the power players on the hill. the president says any deal has to raise taxes on families earning more than $250,000 a year. republicans say that is something they "could" be willing to consider but if and only if the president meets them halfway. house speaker boehner says they are not any closer to a deal publicly. >> all eyes or on the white house. the country doesn't need a victory lap but leadership. it is time for the president and congressional democrats to tell the american people what spending cuts they are willing to make. >>shepard: the democrats say any are open to spending cuts but no one has been specific. no one is specific. they say the republicans will not answer serious solutions. >> let them come forward with something. the issue is simple as was shown during all the presidential debates and during all the conversation during the campaign you cannot get from here to there u
the message along, put pressure on lawmakers to get this middle class tax cut extension down. the president sitting down with small business owners, with ceos of major companies, pushing that middle class tax cut message. they don't believe that this is the comprehensive solution, but they believe this is a step towards the final solution, a final agreement to prevent this fiscal cliff scenario. the president saying he believes that this can get done before christmas. take a listen. >> a clear majority of americans, not just democrats, but also a lot of republicans and a lot of independents glee that we should have a balanced approach to deficit reduction that doesn't hurt the economy and doesn't hurt middle class families. if we agree that we should not raise taxes on middle class families, let's begin our work with where we agree. >> of course there are some lawmakers who are not that optimistic. they don't think there's enough time between now and the end of the year to get a deal done. nonetheless the president will continue pushing his message. he heads to pennsylvania tomorrow. he wil
, it's my 2 k a typical middle class family of form will see taxes rice $2,200 if congress does not act and now we're seeing caving on republicans. >> they're launching their own hash tag for twitter, it's "my two sticks" and you can rub them together if you're cold in the winter. [ magic juan music ] wand music ] >> so the first cracks on the republican stance on higher tax rates. john boner may make it in time for christmas. we'll see. do you remember when i asked for that so i could go like this, and you would play that. ♪ grandma got run over ♪ by john boehner ♪ lost her medicare ♪ on christmas eve ♪ she don't deserve ♪ no healthcare ♪ nor medicaid ♪ or social security ♪ he'd been drinking ♪ too much eggnog ♪ and we begged him not ♪ to go ♪ then he put on too much ♪ bronzer ♪ and he staggered out ♪ the tavern ♪ through the snow ♪ when we found grandma ♪ that morning ♪ality the ♪ at the base ♪ of the fiscal cliff ♪ she had orange marks ♪ on her forehead ♪ and cheet-to ♪ flavored tears ♪ on her lips ♪ grandma was ♪ ran over ♪
taking the wheel of talks to avert the january tax hike. that's a senate side of the capitol. here's treasury secretary geithner emerging in to the shadows. there he is right there. about to pay a call on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you walking away from talks? have things completely broken down, mr. speaker? >> no, no, no. stop. i got to tell you. i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> all right. so once again, here are the cliff notes ri
spending cuths and tax increases. chief white house correspondent ed henry is live with details. good evening, ed. >> tonight we have new details of exactly what treasury secretary geithner laid out to republicans in the big meeting earlier today is. the republican aides tell mike emanuel there was a lot of detail about the new tax increases. $1.6 trillion in new tax increases from the new rate, capital gain, dividends as well. new spending, starting with $50 billion next year. the white house is countering that is leftover stuff from the president american jobs act. not really spending. nonetheless, the republican aides on the hill saying this is a nonstarter to them. white house aide i just spoke to said that this is not new. this is the president's original budget framework going to september of 2011. they say inside the white house tonight the real problem is the republicans will not give in on new tax increases for the rich. so tonight we're still hopelessly deadlocked. >> optimism faded as tim geithner arrived on the hill ahead of christmas without bearing gifts. the specific li
congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called the fiscal cliff. our coverage starts on the white house lawn tonight with major garrett. major. >> reporter: scott, the saesident said for the first time, there is a two-step process to averting the fiscal cliff. republicans must act now to prevent a tax increase for households earning less than $250,000. do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is lets keep middle class taxes low. that's what our economy needs. that's what the american people deserve. gd if we get this part of it right, then a lot of the other issues surrounding deficit reduction in
understood the banking system. he's not a budget guy. he's not a tax guy. he's never really worked in this sphere. >> geithner is leading these talks for two reasons. he and the president are very close. they simply click. secondly, boehner likes him. that's why geithner is the front man here. that sometimes matter more than anything else. on wednesday, the president brought back a campaign atmosphere. he surrounded himself with what he called average middle class families. it was all about ramping up political pressure on the republicans. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. >> the president had a busy fiscal cliff day, also met privately with the ceo ofs of home depot, coca-cola and yahoo!. not to be out done on this pr front, house republicans made it public, hosting a group of nervous business leaders. they've signed on to a campaign called fix the debt. they want big spending cuts to supplement the coming tax hikes. >> i'm hopeful but i wouldn't put me anywhere near the optimistic category.
the so-called fiscal cliff. that steep across the board spending cut and tax increase scheduled to hit in just 33 days. in a scathing assessment today, the speaker of the house john boehner says there's been no substantive progress on a deal. need to realize there can be no deal without tax rates going up for top earners. let's go live to our chief white house correspondent jessica yellin. she's got more on the latest developments. tough talk from both sides, jessica. >> reporter: tough talk and some bright lines, wolf. on the same day that treasury secretary tim geithner went to capitol hill to meet with both democrats and republicans to talk about these negotiations, there is tense body language and tough words on both sides of pennsylvania avenue. they're starting to sound dug-in on capitol hill. >> all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> reporter: at the white house. >> this is available not just here but to everyone in the world who has an internet connection. and i know things are done the old fashioned way sometimes on cap
of a mandate to increase taxes on wealthy as we all heard. you hear much less about cutting government spending. to make matters worse, citizens sense government waste, congress, especially senate where most members are committee chairman or subcommittee chairman are inate bias against cutting government spending. this is tom schatz. >> they don't want to give up power, jurisdiction or the money. it is also a lot easier for members of congress to run back home and say i'm fixing this problem by spending money. i'm not fixing the problem by solving the problem, and providing the benefits that people need. >> reporter: cutting spending and attending to constituent needs are often very much in conflict, jenna. jenna: we heard a lot of different strategies, haven't we, doug, the ways to tackle the debt and deficit. is there any alternative that really exists besides cutting government waste and spending? >> reporter: one potential avenue they could take would be to actually fall off the fiscal cliff. that would necessarily make the difficult choices that congress and white house seem unwilling to m
it again at the very end of last year, when the payroll tax cut was about to expire and the president was trying to get republicans to agree to extend it, the president again asked the american people, specifically, to sweet about what that tax rate meant to them. he asked them specifically to use the hash tag $40. >> we asked folks to tell us what would it be like to lose $40 out of your paycheck every week. i have to tell you that the response has been overwhelming. we haven't seen anything like this before. over 30,000 people have written insofar. as many as 2000 every hour. they should remind every single member of congress what's at stake in this debate. >> that was the end of last year. then, again, this year in september, the president used his weekly radio address to ask americans one more time to talk to congress. this time, it was about legislation to help struggling homeowners refinance. >> the truth is, it's going to take a while for our housing market to fully recover. it is going to take a lot more time and cause a lot more hurt if congress keeps standing in the way. if
, a trillion plus dollars in tax heights, entitlements of $400 billion and 1.2 trillion in spending cuts to offset the dreaded sequester. if the phoners haven't been gabfests the president is chatting up other folks including small business owners, middle class americans and mitt romney-loving ceos. if awkward meetings are par for the course in washington, the president's one today takes the cake. later this hour, president obama will sit down for a post-election chitchat with the prince of awkward, the king of tilted conversation and uncomfortabled one-liners, mitt romney. is there a role for mittens in obama world? >> the president noted that governor romney did a terrific job running the olympics and that skill set lends itself to ideas that could make the federal government work better which is a passion of the president's which he's requested reorganization authority from the congress do just that. >> translation, mitt romney may oversee the installation of a new color coded filing system in the white house. thanks for play, governor. and anyway, charm offenses aside the president k
with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions and millions of americans are lining up to take a chance on a giant dream. a powerball ticket that could be worth more than half a billion dollars. the biggest in its history. the drawing is tonight. and some people have been willing to wait 2 1/2 hours in the long lines in arizona, while coast to coast, tickets are flying across the counters, 130,000 sold every minute. and that adds up to 7 million tickets sold every hour. so, we asked abc's steve osunsami to make his way into the vault where the lottery balls are kept under lock and key and tell us about all the americans hoping tonight is their night. >> reporter: if this is lottery fever -- >> it only takes one. >> that's the winner. >> th
sam is smiling about his cut of the action. the federal tax rate is currently 25%. so it will be $380 million the government gets $95 million off the top. and the winning states not too shabby either. arizona takes 5% at 9$9.5 millin and missouri stakes $7.6 millio. in the end, the two winning ticket holders end up with 25% of that original jackpot. >>> mitt romney is heading to the white house today, just not in the capacity that he hoped for three weeks ago. this afternoon he'll sit down for a private lunch with president obama. it will be the first encounter since the final presidential debate in october. the meeting fulfills an election night promise by the president to work with romney going forward. that doesn't mean the former massachusetts governor will become a regular. >> is governor romney here tomorrow in some kind of cabinet level position? >> no. >> beyond that, is there some kind of reorganization in the commerce department where governor romney could play a role? >> again, there is -- the president doesn't have a specific assignment in mind for the governor. >> earlier
the present has asked for, to let the tax rates go up on the top brackets, it would run the government for a limited period of time. roughly $85 billion. so the president really needs to tell us what his plan is. i'm increasingly pessimistic, not optimistic, because the president seems to be campaigning, rather than going anywhere and doing anything to get a deal. because if we don't get a deal, it will hurt a lot of people. >> are you saying that the way we're going now, we could actually go off the fiscal cliff? taxes go up on everyone. >> we don't know what the president has said he needs, because revenue is not enough to solve the problem. as you know, we have a trillion dollar annual deficit and this would not close that gap at all. so the president needs to come up with a plan and for better or worse going to require leadership. no member of the senate or the house is going to be able to do this, this is something the president has to do by himself and he can't do it on the campaign trail. >> let me ask you this because you wrote an op-ed today and you wrote about divided governm
points. republicans realizes taxes are going to go up, everyone realizes what's going to happen to rates. what we still don't know, what are the democrats proposing to really cut. put on the table, get it out there and let us know what it is. >> how volatile do you think this market is going to be the longer this goes? >> i think if you're the day trader type you absolutely trade it because you love volatility because that's how you're going to make money. if you're the long-term person, i don't think you chase it at all. i think you remain patient, stay on the bid side, let prices come to you because i think they will come to you. the longer this goes on the more frustrated this market is going to get. then it will start to make et cetera own own and we know what happens then. >> thank you, kenny. eggs and purgatory, tyler. that's the recipe of the day. i think it is quite apropos. >>> house speaker boehner voicing his disappointment over the state of the debt talks. so is there still a chance for a deal before the end of the year? here to explore that and more, representative bill pask
of automatic spending cuts and tax increases could take effect january 1st. democrats moved by president obama and congressional republicans signaled they are willing to compromise on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax cuts for the middle class. >> it's too important for washington to screw this up. >> reporter: president obama is putting pressure on congressional republicans and he's enlisting middle class americans in getting the gop to take action on taxes. >> when the american people speak loudly enough, lo and behold congress listens. >> reporter: tomorrow he'll host a campaign style event where he calls on lawmakers to extend the tax rates on f
that counters discriminatory federal tax policy and to provide a higher level of equalitytj( xrñ for sax spouses an partners who work for the city and county of san francisco. i'd like to thank cosponsors, campos and wiener. current city employees who would likemzjpkn to add their spouse r is taken out of their paycheck. federal government views health coverage by same sex spouses and domestidomestic -- to be taxable income. therefore they're taxed more than other city employees simply because their spouse or partners of the same gender. this discrimination in our federal tax code has cost same-sex partners thousands of dollars each year. as of july 28 of this year the latest data we have, the number of city and county of san francisco active members with same-sex domestic partners total over 350. san francisco has always been a leader in supporting our lgbt community and i'm proud to stand with that group. following the example of other municipalities such as cambridge, massachusetts and private employers such as google in the bay area who have shown leadership on this issue and stood with our
. makes everyone pay more in taxes. i don't really want to have this gear. the president said today he thought a deal could be done by christmas. the speaker of the house said he's optimistic a compromise could be reached. i wear this pin every night in in part because i genuinely believe it is not a lost cause. tonight business leaders in washington are urging a deal. people who are not really known as pals of the president. the president also bringing his pressure to bear on small regular people, regular folks. now we use the word "folks" all the time and i'm old enough to remember when it meant my parents. he's turned to twitter to talk about the evil consequences of cliff jumping. let me tell you, why all this talk may end up being nothing but big hat and no cattle. small business people, twitter followers. they don't follow this. congress does. what we're seeing now is something which was supposed to be totally draconian, increases in old tax rates, coupled with automatic cuts in spending may not be unpalatable to change the minds of intransit politician. are you on this side of t
property tax to fix neglected roads and other problems in their infrastructure. >> it's one thing to complain. but you have to back it up. and so help towards making it happen in a tangible way. >> reporter: it's a cautionary tale for the entire bay area. >> right. >> reporter: pay for the work now or pay up to 10 times more later. >> a lot of it was the dollars. it only cost $36,000 to maintain a mile of road. it costs well over a million dollars to reconstruction a mile of road. >> reporter: lawmakers know raising taxes is a political third rail. but state senator-elect jerry hill will push for higher gas taxes. >> the sales tax or increase in the gasoline tax is really the solution-foot-long term to improve our roads. >> reporter: are we living on borrowed time? >> in some cases we may be. >> reporter: according to the latest studies by the mtc and other city agencies, there is no money now and dana, tonight they are saying it doesn't even look good for the next 30 years. >> wow. all right. linda yee, thank you. >>> right now, the city of oakland is talking to a concerned commu
with ourselves. we don't want to put both tax increases and entitlement cuts on the table. it's up to republicans and we'll come back with a counter. you can't force us to put an opening bid on entitlement cuts when we don't want any to begin with. and that's the movement. so i think even in public there's starting to be a little bit of moving and i think there is the ability for folks to get there. >> we do know pretty clearly i think that the white house thinks they have the upper hand. here is the president from his event yesterday. >> today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. >> so he's got his outreach to middle class americans. we saw him meeting with business leaders. his event is planned for tomorrow. we campaign-like and he is still using the campaign actually, more than a million people responded to that survey that obama for america put out and said they're interested in volunteering. so is part of what the president
your voice heard. tell congress what a -- >> reporter: extra $2,000 in taxes next year if congress can't reach a deal by december 31st. republicans and democrats are at odds over taxes and entitlements, on taxes, the president wants them raised over $250,000. and the republicans disagree and instead want to cap them at 50,000. >> we're willing to put revenues on the table, as long as we're not raising the rates. >> reporter: balking at cuts to medicare, medicaid. and. >> we have already agreed to a trillion and a half dollars in cuts. in this session of congress. >> reporter: also on the hill today with one laugh of the bipartisan team that offered a deficit reduction plan in 2010. >> i'm hopeful but don't put me down anywhere near in optimistic category. >> reporter: >> every week, he spends campaigning for his ideas is a week that we're not solving the problem. it's completely counterproductive. >> reporter: treasury secretary will be on the capitol hill. president obama travels to philadelphia friday to push for an extension of tax cuts for washington families. >> still today, reall
continue, congress should stop tax rates going up on the middle class now. >> we're not going to raise taxes on those people. i think we should make that clear to everybody. >> reporter: bottom line, no deal yet. both sides are still talking. and both sides signalling that they're willing to give some ground to get this done and get it done on time. lynn. >> thanks so much. >>> it's not how he wanted to get there but former governor mitt romney heads to the white house. president obama is hosting his campaign rival at a private lunch. no reporters will be allowed in. it is the seventh time the two men have met face-to-face. it's going to be the first time since the election. there are no details on the meeting. in his victory speech, president obama said he hoped to speak with romney about how to move the country forward. >>> despite another rough day of meetings with republican senators, u.n. ambassador susan rice received a new vote of confidence. this time from the president and secretary of state hillary clinton. the president called rice extraordinary during a cabinet meeting she
collecting state and local sales tax in california. two distribution centers were opened. >> it is a point of sale so sales tax revenue will be very welcomes. >> reporter: the potential for 1,000 jobs was also welcome news at the work net employment centers job seekers were buzzing with possibility. >> they told me here that once it is opened they are going to start doing interviews here. i will be banging on the door. >> reporter: amazon didn't respond to requests and tracy's mayor was unavailable. churchill says work has been done on the site and an official announcement is imminent but dropped pretty good hints. >> the economy is changing and online shopping continues to be prominent. we think this is at the front edge of that trend. >>> wal-mart is moving forward with plans to expand its antioch store. california health and environmental groups filed a lawsuit saying it had under estimated potential economic and environmental effects on the bay area. call mart called the court's decision a win for customers, job seekers and suppliers. the groups that filed the lawsuit say they are cons
. timothy geithner tries to corral congress around the president's tax plan. no corral for these two, razzie the zebra with casper the pony. running wild on staten island. the owner left the gate to the pen open. they were nabbed an hour later. the onwner blames it on the pon, casper, and it was casper's third escape. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> white house officials say today the president has not made final decisions on his foreign policy team but he went oust his way at a cabinet meeting to give a shout out to susan rice. >> susan rice is extraordinary. couldn't be prouder of the job that
-working folks who don't need to see their taxes go up. >> that's one way to create opening day buzz although it looks like watching this scene everybody was more interested in watching the vice president do his own shopping there. also, why are people receiving this fund-raising e-mail from bill clinton? quote, i've enjoyed it so much whenever we've brought one of hillary's strongest supporters to new york to spend a day with ming i'm happy to tell you that i've asked to do it again. this is not the launch of a 2016 campaign? secretary clinton's 2008 campaign still owes $70,000 and they're trying to pay it off. just weeks after galvanizing the country for president obama, big bill is back there working his fan base again offering donors the chance to spend time with him. >>> next, remember when georgia congressman paul brawn braun offered this account of how old the earth is? >> there's a lot of scene tisk data that i found out as a scientist that shows this is really a young earth. i don't think the oert is 9,000 years old. >> browne is not alone. when marco rubio was asked about the age of
of the fiscal cliff. we asked each side what they would be willing to cut to make sure your taxes don't go up. plus, it isn't a wild safari, this is staten island. how these two pulled off the greatest scape. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. this bible changed the world. i'm kirk cameron. four hundred years ago our forefathers risked their lives to bring this bible to the shores of america. because it contained the principals for economic liberty, political liberty and religious freedom. the 1599 geneva bible. it was the first complete english translation, complete with chapters, numbered verses and 300,000 utterly unique study notes. it actually came out before the king james version and because the government didn't authorize it, it was outlawed. but it was a bible by the people, for the people, the book that built america. and now for the first time in 400 years it's available
all agreed to, which is let's keep middle class taxes. we don't have a lot of time. >>> secretary geithner is up on capitol hill to lead negotiations on the fiscal cliff talks. >> you're not going to grow the economy if you raise taxes on the top two rates. that's not the right approach. >>> string of nasty storms barreling into the west coast. powerful winds have started knocking out power. >> just need to get to the other side of town. i don't have a choice. >> picked a bad day to do it? >> yeah. >> u.s. embassy in cairo is closed. the entrance is blocked by protesters as clashes erupt nearby. >> zebra and s hechlt tland pony ran wild through the streets of new york city. they apparently escaped from a petting zoo. >>> nypd says actress lindsay lohan has been raefed and charged with assault. >> three, two, one. >> only nbc would make a television event out of plugging something in. >> all that -- >> oh, humphries and rondo get into it. officials trying to get control here. >> don't tell me what i think. when i said i didn't have a problem, i don't have a problem. got it? >> and
to join a twitter campaign calling on lawmakers to renew tax cuts for families making less than $250,000 a year without delay. >> campaign for his position i did it we understand it but at the end of the day he has to lead on this issue. >> reporter: while congressional leaders meet behind closed doors, some of the biggest names in corporate america are here on capitol hill meeting with lawmakers pushing for solutions. former tennessee governor told lawmakers everything needs to be on the table. >> i do think there's a broad recognition that it has to be both revenues and serious work on entitlements to make it happen. >> reporter: taxes are still the main sticking point. while president obama wants tax cuts to expire for the most wealthy americans, most americans don't. one told his gop colleagues to sign off on the middle class tax cut extension. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and oth
middle-class tax cuts and avoid the fiscal cliff. taxes will go up an average of $2200 and both parties say they are open to compromise. taxes concern small business owners who met with the president yesterday. one of them runs an organic mushroom company. he told us that higher taxes will kill his business. >> we are most passionate about, a business like ours, if people are going to be taxed a couple more thousand dollars, that will affect us, as well. >> he admits his small business has benefited from programs he and friend started it three years and now they have 31 employees. >>> for the first time since the election, president obama will meet privately with the man he beat in the race for president, mitt romney. they will talk tomorrow about ideas reviving the economy. president obama said that he would reach out to mitt romney and hold that private meeting after the election. today the president met with yahoo ceo marissa myer. she is trying to avoid the fiscal cliff. and she told a reporter, quote the baby has been way easier than everybody made it out to be. 37-year-old added s
-pong balls? well, only about half a billion dollars, before taxes. yes, the powerball prize was a record setter. as the jackpot swelled, the ticket-buying frenzy topped a rate of 130,000 a minute. after an astounding 16 rollovers, the $580 million question tonight was, would anyone actually win this time? on the dreamer beat, once again tonight, here's abc's ryan owens. >> reporter: this had been a record-breaking jackpot night. >> america's favorite game coming to you right now -- >> reporter: after all of the hype, the days of breathless anticipation, it comes down to this. >> $580 million jackpot for you. >> reporter: in a television studio in tallahassee, florida, machines spit out six numbers. numbers that are oh so close, but not quite the ones printed on your ticket. tonight it turns out they did match for at least two people. abc news has confirmed two winning tickets were sold. one in arizona. one in missouri. while the reality that almost all of us have lost, yet again, sets in -- let's go back to this morning when we were all about to become half-billionaires. "nightline" spen
morning. so, it may be no deal today, but perhaps moving forward on these spending cuts and tax increases that are looming at the end of the year. some very specific meetings with a handful of lawmakers who could have a huge impact on your paycheck come january 1st. . treasury secretary tim geithner and white house legislative chief rob neighbors bring the president's deficit-cutting plan to capitol hill today. >> i am very open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know, does that approach include the government spending less money? >> we've put revenue on the table, as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats. executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful, but i wouldn't put me anywhere near optimisti
honor to introduce to you the team that brought the treasured tax collector's office to the 21st century. the municipal tax automation team, darrell ascano, tajel shah, and rebecca villareal- mayer, come on up. [applause] >> i've been anointed to speak for us. jose has asked me to use my outside voice. we are so lucky. very rarely in your life to you get a blank canvas with leadership to tell you to find problems and solve them. i want to thank our leadership for doing that and giving us not only the opportunity to make change, but also to really make mistakes. i think that's a rare thing, to be able to make mistakes in this environment and continue to proceed and be successful. i mean it when we say -- what we end up doing is so different. we work to scale every day. we invite the people that we serve every day. thank you to the nominees. to our leadership, thank you. thank you to all the winners and to all the people we get to work with and serve. thanks. [applause] >> let's hear it for the tax team. [applause] >> parking is a universal quality of life issue. it touches on so many diff
of automatic spending cuts and tax hikes will take in effect in january. the president want to raise income taxes on those who make more than $250,000 a year. republicans don't want to do it and reduce spending cuts. >>> president urges americans to use social media, especially twitter. they introduced the hash tag, my 2k, including my $2 k. how much more each middle class family would pay without congressional action. >> my 2k and e-mail, post office, member of the congress, do what it takes to communicate a sense of urgency. >> republicans are embracing the my 2k hash tag. they are using it to make points against the president's plan. >>> the police standoff is enteringit fifth hour after an animal control officer was shot and killed, helping to evict a man from the northern california home this afternoon. it's happening in the city, 20 miles south of sacramento. reporter mel linda mesa, where officers still haven't made contact with the suspected gunman, melinda. >> still inside and all the residents along the home, new hope drive has been evacuated because they believe the gunman barric
, federal money. all across america. >> bob: they would be sued. but you are taking collective tax money. buhler gets a piece of that. >> eric: what if the town are okay -- >> bob: don't put them together. apples and oranges. >> eric: freedom of religion seek this out when people in the town says we don't want your help. we have don't a problem with manger scene or cross on the seal. jimenez is happening across the country. insidious nature that is disturbing went are putting together the piece so people can decide. >> bob: i'm second to none doing away with manger scenes in public property. ridiculous, makes no sense. but that is different than seal of ra town. >> kimberly: take a walk with me to north carolina? are you up to it? >> bob: yes. >> kimberly: let's discuss it. piedmont college. oh, no, you didn't call them christmas trees. you better call them holiday trees or they're out. bob? >> bob: it's ridiculous. particularly because this group was raising money for children in poverty. >> dana: it's terrible. >> bob: i don't get it. they walked it back because they got bad publicity.
my lips, no new taxes. and when he violated that pledge -- >> off with his head! ♪ >>> we begin with a very busy day in washington and an array of meetings that would put your average speed dating event to shame. as we know, politics sometimes makes strange bedfellows. in this case one unusual lunch day. this afternoon the president hosted his vanquished rival, mitt romney. no word yet on if mr. romney found the cookies up to his rig rouse standards or how many white house beers the president decided to drink. we're also holding out hope that a savvy waiter or waitress caught at least 47% of the lunch on cell phone video. while in washington romney also met with his former running mate, the marathoner paul ryan, and offered a few kind words about him to the press. >> mr. romney, how was your meeting with mr. ryan today? was it nice to see him? >> that's a greet friend. good to be with him. >> good to be with him? >> always great to see paul ryan. >> while today's lunch was perhaps an opportunity to shake after a hard fought campaign, not everybody was feeling so friendly. take f
is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the automaker is prepared for any outcome. cnbc has learned the completion of the so-called volcker rule is being delayed until the end of the first quarter of next year instead of the end of this year. th
house and flanked by middle class americans, the president declared that failing to extend an income tax freeze for the middle class could cost each household more than $2,000 as early as next year. he is calling on the public to lobby lawmakers on what losing $2,000 would mean to them. one house republican is already on board. >> we all agree that we're not going to raise taxes on people that make less than $250,000. we should just take them out of this discussion right now. >> but not so fast. it's not so easy says house speaker john boehner. if congress acts now to block tax hikes for 98% of americans, lawmakers can go home for the holidays, and on january 1st tax rates would rise automatically on the top 2%. >>> and yahoo ceo marissa mayer is meeting with president obama to discuss the fiscal cliff. we just got a picture from the white house. you can see mayer just barely there on the right-hand side -- on the left-hand side of the picture, bottom left-hand corner. she joined more than a dozen other business leaders at the white house today. mayer is also making headlines for her spe
is reached -- tax increases and effect. president obama says the people need to be part of the fiscal cliff debate. and today, he's taking his message on the road. >> i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> but republican lawmakers, question the president's decision to leave washington. >> in other words rather than sitting down with lawmakers of both parties and working out an agreement he is back on the campaign trail presumably with the same old talking points that we are all quite familiar with. >> mister obama assured the public he is doing his part. also sitting down with the c-e-o's and labor >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families and american businesses have some year. >> house speaker john boehner -- also remaining positive. >> republicans are committed t0continuing to work with the president to come to an agreement to avert the so- called fiscal cliff, it's one reaso
will be for what's called pass throughs to essentially costs related to the facilities management, taxes, insurance that might go up per year, percentage share of that is passed on to the city. but the base rate remains the same for the five-year term. happy to answer any questions you might have about either one of these. >> thank you very much. why don't we go to the budget analyst's report for these two items. >> madam chair, on item 5 the real estate department has a reported to us that rent for the last 54 months of 141,5 84 is equivalent to 95% of the prevailing market rate rentals. and as shown in table 3 on page 4 of our report, the rent and operating expenses total 2,177,043, that will be paid from general fund monies included in the dph's 12-13 and 13-14 budgets as previously approved by the board of supervisors. we recommend that you do approve that resolution. and regarding item 6, we point out on page 3 of our report that that -- the monthly base rent of 25,350 for all five years of the extension is actually the same as the current monthly rent. and as shown in table 2 on page 3 of our
leadership in online retail taxes." and there's a concerted public effort: the white house website features an appeal to "speak out to keep taxes from going up on the middle class." "if congress does nothing, taxes up $2200." that $2200 morphed into a white house twitter campaign - #my2k - to encourage americans to weigh in on the debate. but ultimately, this still comes down to negotiations within, but mostly across, party lines. it's not clear how much twitter or input from small business will sway the balance one way or another. "my view is that i'm happy to be a part of that. i'm grateful for the opportunity and it's not every day that you get to spend an hour in a room with the president." ceos from wall street met with the president wednesday. morgan stanley ceo james gorman is asking his 16,000 employees to reach their members of congress. and at&t's ceo, randall stephenson, is involved with a group called "fix the debt," which is lobbying congress as well. overhaul action is happening overseas. the european commission is proposing a plan that will completely change the eurozone by c
by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. with that i'll take a few questions. >> speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within en titlements? >> it's been very clear over the last year-and-a-half, i've talked to the president about many of them. you can can look at our budget. where we outline very specific proposals that we passed in last year's budget and the budget from
into that line of thinking. now, what are these deadlines? well, we know that the bush tax cuts are expiring. they'll expire for everyone, not just the top 2%. this is not something we want the american middle class to get hit with a tax increase at this time, but we do believe the wealthiest among us should pay more. and we think that the top 2% should pay a higher tax rate on the money they make after $250,000 a year. we also believe that there's more that can be done, closing loopholes. people say, let's talk about that. . we see the bush era tax cuts expiring for everybody. we see the production tax credit expiring which is something important for work in the wind industry and the area of industry that promotes environmental matters. we also see the expiration of things like the estate tax, the s.g.r., which is the doctors fix for medicare. and we also see the sequestration which is the outcome, time outcome of the budget control act that we passed in august, 2011, which is now coming due, and there will be equal defense and discretionary spending cuts on both sides which will be -- whic
that have moved our city forward in the right direction, from the payroll tax reform to housing, to taking care of our parks. i appreciate your advocacy and your commitment to san francisco. because of our collective efforts, san francisco voters were able to make a very thoughtful choices at the ballot box this past couple of weeks, that have helped fund infrastructure, move to job creating tax policy, and invest in critical housing needs in our city. collectively helping san francisco families and businesses. with that i'd like to take your two questions, supervisors. thank you. >> president chiu: thank you. our first question will be provided by our district 6 colleague, supervisor kim. >> supervisor kim: thank you and congratulations on your leadership on the propositions we passed a through e. in our district we've gotten many e-mails and questions about this but something that hasa uát up with our resident what are current procedures for recouping cost for street closures. specifically, what costs are being reimbursed to the city, beyond permitting fees and what costs incurred by de
take money out of almost everybody's pockets, in the form of higher taxes, there is more wrangling ahead today in washington. but are the two sides any closer to agreeing on something? >> that's right. more high level meetings today. treasury secretary tim geithner, kind of obama's negotiator man at the table. see if they can make any headway. >>> art, later this half hour, she's 50, he's 26. demi moore has a new younger man in her life. who she is dating now coming up "the skinny." interesting choice. seeing how the last relationship turned out. >> all you need to know his last name is schnabel. >> not making that up. we are not making that up. >> no. >>> but first, we begin with breaking news, powerball officials are making it official this morning. two jackpot tickets sold for last night's lottery, one in missouri and one in arizona. >> missouri and arizona. congratulations. get this. by the time of the drawing the jackpot was worth $580 million. so we should mention the winning numbers right now, here they are, 5, 16, 22, 23, 29, and the powerball, my personal favorite number,
of this commission, you look back over the 5-6 years, the last 3-4 years when it inherited the tax commission, you pay no attention to what any cab driver has given under any subject. -- you fed them dirt and kept them in the dark while you implement the policies. we are not criminals. we are taxi drivers but basically take people around the city but we cannot pay our rent. 25-35-15 years ago, and you think you do not own them any compensation as long as it goes into your checking account. maybe it is time for a civil grand jury to investigate. and what you are doing. it seems that you have no conscience at all in the city. thank you for your time. (applause) >> good afternoon. chairman nolan, directors. i am very curious as to why you gave us three minutes today. only one minute last month. when they all showed up. now they're not here because this is things giving week; they need to be working and serving the public. this is disgusting. the irishman is correct. you should go back and figure out what the nolan family really means. they will be a challenge to what you did. this is not
is a bully agency the tax taxidrivers, parking meters in the physically frail. if muni passengers a lucky those taking the bus today are lucky if they are home by christmas. i had to acquaint this board with muni etiquette. when you say to someone i will see you in hell, it means i will see you in a muni bus. >> chairman nolan: next speaker plesae. >> commissioners thank you for letting me speak again. of the record i'm emile lawrence [sounds like]. i want to see what we see the mta is missing by a long mile. technology is superseding your medallions. if you look at the industry in london, they have to separate systems. they have -- taxis and taxes that pick up people on the street which are black cabs. taxis by telephone operate without any license. people can drive their own car or limousine by filing apps by people like hoover -- what i see is a collapse of your medallion prices coming up in the horizon, defaults from drivers, etc. the industry technologically is the preceding your ability to cope with it. i bring that to your attention because over the past six years or so, on t
of the bank's locations, including its munich headquarters, in search of evidence of tax evasion. the bank is suspected of cheating the state out of 124 million euros. share transactions between 2006 and 2008 are the focus of the probe. the bank is not alone. investigators are currently looking into similar incidents of alleged tax evasion at other institutions. >> there's a lot of money in going bankrupt. that is if you are the one winding up a big company that goes bust. >> a german law firm, for example, are doing just that for lehman brothers here in germany, and today, they've been trying to justify their massive fees. >> lehman brothers creditors have not been happy with their demands, but there's good news for them as well. lehman's assets in germany turned out to be much higher than first thought. >> risky speculation on the u.s. housing market triggered the global financial crisis as well as the downfall of lehman brothers, once the world's fourth largest investment bank. in september 2008, the company collapsed and went bankrupt. since then, its assets have been liquidated and no
, the president met with middle class americans raising concerns about taxes going up at the end of the year. both republicans and democrats agree that had no one wants the country to go over the so called fiscal cliff. but what are they doing about it? >> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners reaching out to the administration about keeping taxes low. >> if congress does nothing, every family in america will see their taxes go up at the beginning of next year. >> the white house is urging americans to use social media to push congress to act. keying in on $2000 tax increase going into affect next year for the average family of four. >> what is that again? my two? k. tweet use, my 2 k or e mail. post it on member of congress's facebook wall. do what it takes to communicate a sense of urgency. >> they may not agree on details but house speaker john boehner and house minority leader agree on one thing. failure is not on the table. >> going over
was a low d. in order to keep up, the bay area needs to spend nearly $3 billion. lawmakers say raising taxes is controversial but it's the best option. they voted in berkeley to pay higher property taxes to fix roads and other problems in the infrastructure. so engineers say at this point it could be a cautionary tale. pay up now or pay more down the road. cate caugiran, cbs 5. >> thank you. >> go to cbssf.com/weather to see hi-def doppler in your own neighborhood. >>> 5:06. let's check the roads. >> it's dry for now. yesterday we had so many accidents with the rain and wind. for right now the camera holding steady. 880 through oakland no major wind advisories this morning. we did have an accident northbound 880 at high street. it is now clear. so quick trip all the way up between the oakland coliseum and downtown. otherwise the golden gate bridge doing lane changes now so in the meantime you will notice closures in that southbound one commute towards doyle drive. highway 121 at 128 the northbound lane of 121 is block. they are working to clear it now. the accident has been there since 3:30
is suggesting that instead of risking a tax increase on everyone, it would be better to let tax increases for the top 2% of earners go up. but the top gop leader in the house says that's a no-go. >> the goal here is to control the economy and control spending. you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. why? this is not the right approach. >> reporter: boehner and president obama said they are optimistic that a deal can be reached by christmas. >>> turning overseas to egypt, where opponents of president mohamed morsi are calling for a second revolution. morsi is addressing his people today. a speech in which he's expected to discuss his move last week to seize near absolute power. thousands have been on the streets of cairo protesting that move since. morsi is showing no signs, though, of backing down. >>> and with the conflict in syria showing no signs of ending, the obama administration is reportedly considering deeper intervention there. this morning's "new york times" says no decisions have
for maintaining the systems, lawmakers know that raising taxes is a controversial issue but state senator-elect jerry hill already says he plans to raise gas taxes and says that's the best if not long-term solution for the area. reporting live in daly city, cate caugiran, cbs 5. >> thank you. >>> you can use your live hi- def doppler on our website to zero in on your neighborhood to see what's going on there. just go to cbssf.com/weather. >>> well, liz had a busy day yesterday because of all the rain but right now it's not too wet so hopefully you're not all that busy in the traffic department. >> it looks okay. gosh, it is amazing what some wet weather will do to the commute. the only thing we got going right now is actually out in napa. we have a traffic alert. it sounds like the northbound lane of highway 121 blocked by 128. a car slowed to avoid a deer and crashed at the scene. so fire crews are there now. they are working to clear it. it's been there since before 3:30 this morning. we'll take live look outside so yeah, the golden gate bridge looks a lot drier this morning than yester
the rapid growth on programs like medicare and medicaid. the president is insisting that taxes go up on families with incomes of $250,000 or more. >> police and released the names of two teenage girls were shot and killed during a violent weekend in oakland. 16 year-old barbie start chain and 15 year-old rock killed herself were shot to death around 6:00 sunday morning in east oakland. they had both been hit multiple times by gunfire. police have not determined a motive for the killings and they don't know why the girls were on the open street alone so early that morning. oakland police are asking for your help in finding the missing teenager. 16 year- old scion white walked away from a group home on college avenue. the staff followed her to an area on the international ave and 40 fifth avenue and then lost sight of her. she is considered at risk because of her diminished mental capacity which they said is that of a nine to 12 year- old child. >> to take its mass last night's power bald for a record $579 million jackpot. one was sold in missouri and one in arizona. they have no infor
to avoid that looming deadline. tracie potts has the latest on the fight to keep your tax breaks from vanishing. >> reporter: treasury secretary tim geithner and rob nabors bring the president's deficit-cutting plan to capitol hill today. >> i'm open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know if it includes the government spending less money. >> we put revenue on the table as long as it's accompanied by serious cuts. >> reporter: white house leaders are meeting with boehner and top republicans. at least one analyst thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful but don't put me down anywhere near optimistic. >> reporter: one conservative republican is now suggesting while negotiations continue on whether the wealthy should pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people. i think we ought to go ahead and make t
stormwater was a d. the bay area needs to spend $3 billion a year to keep up. lawmakers say raising taxes is controversial but the best option at this point. in berkeley they just voted to pay higher property taxes to fix intrastructure. and now engineers are saying it could be a cautionary tale but it's best to pay now rather than pay for it 10 years down the road. live in daly city, cate caugiran, cbs 5. >>> remember, you can get live hi-def doppler radar for your neighborhood anytime and also find information on sandbag locations on our cbssf.com/weather. >>> let's kick it over to traffic now. we have a situation i guess down in san leandro. >> a truck hit cars in a car lot so damage to the cars in the lots. obviously a lot of flashing lights as well over head. we have chopper 5 zooming in. so you are looking live now at the intersection of east 14th and 162nd avenue. this is right there by the united auto center. again that truck just slammed into the cars. no injuries. the truck may have diesel fuel in it. you can see some cars were able to get by. only blocking maybe a lane or two o
the fiscal cliff. the two sides traded charges of bad faith as year-end tax hikes and spending cuts moved another day closer. on the face of it there seemed to be little movement today. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sreenivasan: treasury secretary timothy geithner and legislative chief rob nabors arrived at the capitol this morning, for meetings with congressional leaders. house speaker john boehner also spoke to president obama on the phone last night. he said he wanted to know where the administration would rein in spending, but that he had heard nothing new. >> i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president is really willing to do. listen, i remain hopeful that productive conversations in the days ahead can be had but the white house has to get serious. >> sreenivasan: senate minority leader mitch mcconnell echoed that complaint. in a statement, he said, "today, they took a step backward and significantly closer to the cliff." conversel
, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for secretary of state. susan collins says she will not back rice for the job, until more questions on the attack on the u.s. consulate
tax changes would affect them. an schmidt tweeted: >> do you think it's a good idea to go out to the people as the president is negotiating with congress. >> i personally am a big proponent of anytime you're blinging people into the halls of capitol hill, this is one of the most polarized congresses we have seen. compromise has not been king of the hill for sometime now. i'm not sure it works. last year, bringing public pressure to the payroll cut extension through congress. i'm not sure it works this time, but it's an innovative way to get folks engaged. >> of course all of this negotiation around the fiscal cliff, the president actually indicated today that he might be president-electable. he says he's not necessarily looking for income tax rates as high as they were under president clinton. secretary geithner is going to meet with congressional leaders tomorrow. do you think they will demonstrating some wiggle room, as well? >> i personally don't think it's that big of a banner sign. if there was actually a movement toward a deal, i think you'd see president obama meeting w
and congressional leaders are trying to avoid automatic spending cuts and tax hikes that take effect if congress does not take action to stop them. going over the fiscal cliff could trigger a recession, some say. >>> mitt romney was at the white house earlier today for a lunch meeting with president obama. his invitation keeps the promise he made when he declared victory on election night to talk with the gop candidate about areas where they have common interests. the two were to talk over lunch in the white house private dining room. the president's press secretary said the president didn't have any particular agenda, and it was closed to the media. >>> out of service. we were hear when police tested this emergency phone. we'll show you what happened and tell you why this phone is just part of a larger problem. >>> more specifics on when the next storm arrives in your neighborhood and how much rain it will bring. >>> as the dump truck continued forward, it hit nine other vehicles, so 11 vehicles totaled. >> a truck crashed in the east bay. the simple explanation for what caused it. >>> an unusu
are campaign or super pacs weren't at the best. >> eric: yes, i did pay my taxes. no i didn't kill anyone. >> kimberly: i'm not against dogs, yeah, the whole thing. i like dogs. >> eric: i like twitter. that was the big thing. please roll the video. according to the reporter newspaper, president obama plans to do his annual wine vacation, get this, the dates are december 17 through january 6. so that means, while america is hurled head first off the fiscal cliff, the obama will spend 21 days golfing, body surfing and lunching to the tune of $4 million taxpayer dollars. you can't make stuff up. >> kimberly: that sounds good to me. >> dana: the reporters would have complained if they spent 21 days in waco. but 21 in hawaii could be worse. he said let's make sure we get it done before christmas. get it done on december 16, sign it, get out of town. >> eric: $4 million. >> bob: if he was in the bathroom at the white house it would cost $4 million. >> eric: december 17 to january 6. fiscal cliff hits december 31. smack dab in middle of this vacation. he snub hawaii, body surfing. >> kimberly:
a third world country, everybody gets in their car and picks people up. if the tax industry goes away, who serves the disabled community? do you think uber will do that? i don't think so. how about people that don't have a smart phone? you are not allowed us to compete. the cab companies are not allowing us to compete. uber is hiring drivers with the app. people are independent contractors but it should be able to use any app they want; we need a universal app engine need help us do this, help us get the tools to compete with these people. if you read the article yesterday, the comments, the public hates taxis, they hate the tv screens in back, they hate the mta, the puc, drivers refuse to take them to the sunset, refuse to take credit cards. where is the enforcement? why are you allowing companies to block our dispatch systems. we need the -- this is model because that's what they want. we have to have taxis, insurance, regulation. by the way, willie brown -- how many endorsements from the labor council did you get? shame on you. [indiscernible] >> secretary boomer: last person
building project would yield annual estimated tax and fee revenues to the city of an estimated $9 19,000, generate an estimated 500 new permanent jobs, provide an estimated 58.5 million in construction expenditures. be financed by $14 million in [speaker not understood] developer equity by orton with a 14% return in investor equity. 1.5 million in available port funds and 43 million in federal historic preservation tax credits and loans to be obtained by the developer. would incur no [speaker not understood] maintenance and operating costs to the port or the city and would incur no debt load to the port or to the city. we do find that hadth proposed development to be fiscally feasible under chapter 29 of the city's administrative code. we do have some recommendations on page 19 of our report. as i understand t madam chair and supervisor avalos, these recommendations are included in an amended piece of legislation that you have received. our recommendations are to amend the proposed resolution to require that the 20th street historic building project meet [speaker not understood] inte
, most recent federal tax return, proof of residence, lack of income for members having no income but not listed as dependent on a household member's federal tax return. until we measured or came up with this criteria was that we identified four cities with similar low income discount programs that require customers to provide proof of income to receive the discount and this was los angeles, california, atlinto, california, columbus, ohio and eugene oregon for their utilities program. finding 2.2 is 3% of program accounts report 10 or more household members resulting in a high allowable household income. and what we found is of the cap accounts with data for household size 3% reported over 11 household members, which is almost three times the average household size for programs, which is 3.8 persons. while putting in an excessive number of household members is typical the reporting system does not prevent households from doing so to qualify for the program. finding 2.3, 16% of program accounts had a bill that is an unrealistically high proportion of reported income. what we found
that they were going to, you know, pull out support, cut the tax revenues, but in the end the palestinian hort is important to israel because they provide the policing there. israel doesn't want to have to go back in and take over, and that's exactly what abbas threatened them with. i'll give you the keys to the palestinian authority headquarters. come and take them. the israelis really don't want them. >> i sense this is an important story. i mean, obviously. you are talking about the palestinians that suffer greatly if the u.n. pulled out that money and leverage there, but they are moving -- >> the u.s. has to be careful not to be on the wrong side. i mean, there's a change here that's taking place in the middle east. look at syria today, what's happening all across the middle east. >> okay. we got to leave it there. >> all right. >> thank you very much. >>> they're buzzing overhead. they are actually looking down on us from above. we're going to tell you why it is not just terror suspects who are being watched by drones and why some think the new technology could be violating our privacy. m
and enrollment process through basic verification of dependence and income using federal income tax return forms, listing out individual house members and their individual incomes, along with the monitoring and renewal process there are a lot of other cap participants not involved in this audit. we are requiring, going forward, a biannual renewal process where the program participants must provide the previous two years in the same format so basically nod of the head to the city service auditor are you satisfied with the steps the puc recommendation? so those who can't see we are getting a nod of approval, yes, you are satisfied. anything else you'd like to add to finish it off? >> yes. i wanted to add that we are pursuing reimbursement of discounts provided for ineligible participants in the program so for those -- i could at least speak to the 41 ineligible accounts, a sample of 90, after verification. we're collected 6.2,000 out of the 17,000 thus far with collections currently in progress. delinquenty is mitigated through service plan and/or liens on owner properties. the process right now f
to raise more taxes and this program is on the books, good luck. >> president chiu: supervisor wiener. >> supervisor wiener: thank you, mr. president. i( ]9 want to be clear about something first. in terms of the mtc and supervisor campos is correct, that i'm not in any way suggesting that it is somehow prohibited or inappropriate legally to use this money for the free youth pass program. this is one of the allowed uses. but as supervisor elsbernd stawtd stated so is maintenance procurement or rehabs and this is a choice, not a false choice. we heard that yesterday. we heard it today. that is absolutely rhetoric.82( and -- well i don't like it, but the fact is that transit funding is a limited thing. it's not this growing asset. you don't just use the money for something, and then it magically appears from somewhere else. it is a -- for -- i don't like it but it's a zero sum game in terms of how we use very scarce transit dollars. this is anything but a false choice. i will also say that i recall, months and months ago, hearing both the mayor and mr. reiskin state that no further oper
the rapid growth of programs like medicare and medicaid. the president is insisting that tax rates go up on families will accede to under $50,000 a year. house speaker john banar is adamant that any tax revenues come from overhauling the tax code. clearing tax breaks and lowering rates for everyone. >> two tickets last night. one was sold in arizona one was sold in missouri in both matched all six numbers. arizona lottery officials said they have no information on the winter. they look at now is where it was sold at a press conference. two very lucky ticket holders. >> authorities have released the two names of two teenage girls were shot and killed during a weekend in oakland. 16 year old bobbysartan and 16 euro raquel gerstall will found 6:00 a.m. sunday morning with multiple gunshot spirit please do not have a motive for the killings now. they do not know why the girl for on an oakland street along that early morning. >> will take a quick break it is five 06 a.m. we have a live look outside. this time from the embarcadero in san francisco. you can see the western span across the bay b
that no employer will have an advantage not to supply health care because those who don't will be taxed to put into a fund which would be part of the payment... making insurance available for everyone. now, out of that process, whether we end up with a single-payer system the way the canadians have, or still multiple payers and multiple players, but everybody having, in effect, a card which says i get in the front door of health care, remains to be seen. i think ultimately we'll see all of health coverage covered under a federal plan. we'll fund it through some form of progressive income tax, a model very similar to what's offered in germany, where people opt into sickness funds and pay a percentage of their income to be covered in one of those funds. ultimately, that's where we need to get to. until we decide that we're just not willing to take that risk and have the government use the surplus or raise taxes, we're not going to make a lot of progress. just where these discussions will end is still in question. what is not in question is the importance of a healthy population to the health of
plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon until you can play powerball? ,, sledgehammers, hit a bay ara jewelry store. it happened in los gatos. c5 reporter kiet >>> they were in and out in a flash. two thieves waving guns and sledgehammers hit a bay area jewelry store. it happened in los gatos. kiet do shows us just how quickly they struck. >> reporter: for employees at this fine jeweler's, the surveillance video captured the longest 75 seconds of their lives. >> did you think you were going to die? >> it cros
-called fiscal cliff. they will discuss now to avert tax increases and spending cuts due to begin in january. >>> little progress in talks between the white house and house speaker boehner. >>> if you the past few days wishing you had -- california may be getting into the big game power ball played in 42 other states. lottery officials meet today expected to adopt regulations to join power ball on the heels of the staggering jackpot of 579 million dollars two winning tickets were drawn, sold in arizona and missouri. california retailers could begin selling the $2 tickets next year would it bring in 90 to 120 middles to help supplement education spending in -- million dollars to help supplement education in -- spending. >>> let's see if we are winners the weather race today. i think we are if you count raindrops. >>> we are still looking at two bigger storms headed our way, light showers this morning, live doppler showing most activity in the north bay up through cloverdale, ukiah, a few showers offshore also napa and snow may. if you are headed out highway 101 and 121 on the wet side, be car
issues of city government from pension and payroll tax reform to some of the most important discussions on how we fund a lot of our public services, whether that finding different revenue streams for our parks, are trying to find new ways to fund public transportation in the city. we're very happy to be working with mayor lee and the board to address a lot of these issues. this will clearly be a busy year for us. another component of our work is connecting the city's robuspro o assistance with our many business partners. this is a core part of mfac original purpose in san francisco. we are focused on building this capacity once again. as everyone here knows, the nature of how cities are doing business is changing. fundamentally. costly federal and state mandates continue to squeeze local budgets. increasing costs are forcing discussions about how we provide services. technology is requiring that we move more quickly than we have in a long time. building a network of partners to support our city government at this time will be more important than ever and will be critical as we were to e
. they want to make the pay out before the higher tax rates may kick in this case congress and the white house can't reach a budget compromise. other companies including tyson foods and wind resorts have announced similar moves. there are reports apple is considered doing the same thing but of course apple has made no comment yet. >> the president is sending the treasurey secretary to capitol hill for fiscal cliff talks with congressional leaders. jamie joins us now by skype from washington dc. any progress in clearing the gap? >> reporter: we are trying to figure out that right now. he was just down stairs from me in the capitol a little while ago. his first meeting with harry reid, next meeting now with john baynor. we hope to hear from both of them in about an hour. nobody is quite sure whether this is a new plan that they are bringing up to sort of shop with leaders, you know we -- if we were talking about negotiations today on the fiscal cliff we may think of a big room or everybody is meeting together at once. that's not what is going on. he is meeting first with reid and then with bayn
the debt. none of this project it revenues going back into the tax industry; very little. maybe have a lane where taxis can drive. you are not doing very much to crack down on illegal operators. whether or not this is legal or other things are legal, there are vehicles with no commercial plates, no insurance, fake cabs, why did you put some of this money into investigators, and put out more legitimate cabs. your may priority here is making money for the mta and that is not providing a good service to the community. (applause) >> [indiscernible] >> chairman nolan: if anyone cares to address the board, please fill out a card. >> good afternoon - [indiscernible] i have a deep problem. i'm holding onto this problem for six months. the doctors told me you have a gum problem, lost four teeth in the last three years. i have no medical. i cannot get free medical because i middle-of-the-road. every day i have medicine in my pocket. thanks director heinicke. this is what you're delivering. majority the drivers used to be white. no longer. now you have 500 nepalese. 0 mongolians, now hund
time you watch tv. >>> people worry about having to pay a higher tax rate, i get that, but when you can snag high-quality stocks that yield more than 5%, i'm all ears. that's one of the reasons i want to tell you about health care trust of america, a newly minded real estate trust that owns medical office buildings. hga is a very defensive stock. unlike retail reits, it's levered to a sector health care that just does fine when the economy goes in recession. look, it's a real possibility if you go off the cliff. >>> plus a limited supply of medical office space. this is a nice, steady business. let's take a closer look with scott pierce. mr. peters, welcome to "mad money" so much. >> thank you for having me. >> i try all the time to find companies that might be beneficiaries of the affordable health care act. i stumbled on you guys. you're the one? >> we think we are. we've been fort. health care systems are now running like businesses. with 30 to 40 million more insured coming up, you this need a most affordable location to off those services. those are mlbs, they're on campus, and jim
tonight that i will personally be endorsing proposition a, the parcel tax, for san francisco to make sure we work together to get the resources necessary to keep our city college successful. and it's in that mind and with the united front that we have with all the elected officials that we congratulate on this opening that we know there is more to it than just the brick and morter here. the most important thing about education is the people. and this is a promise for all of the generations of immigrants to come that we know fill the school ways, that used to be filbert and now here, we know what a great sacrifice it is to be good citizens and successful residents of this city of san francisco. we know why some of you who were former students who graduated here felt so appreciative of the education that we got, that you got, that you went all the way back and asked friends in hong kong and in china to help donate money to help build this place. i know that lawrence wong gave up a lot of trips to brazil to make sure that he stood up and got some extra attention for this building because
consistent and that he does not want the tax to go for people who are under too much as $50. he is adamant that any new tax revenue must come from--he once rates lowered and was is that and find a middle ground. >> in bay area a news they have released the names of two girls were shot and killed over the weekend in oakland. a 16 year-old girl and a another 15 year-old were found shot to death about 6:00 in the morning in east oakland. they have been hit by multiple gunshot loans. if they stated that they do not have a modem and they do not know why these girls were on the street along. no arrests have been made. >> oakland police are asking for your help. there is a 16 year-old girl walked away from a group home on coolidge ave. if the staff followed her but then they lost sight of her. she is considered at risk because even though she is set at 16 years of a her capacity is of a nine year-old child. >> to tickets matched the power of all s nine. those tickets were sold in arizona and missouri. fees two people matched all six numbers. they stated that they have not identified the winners b
on this tax issue? he has no sway with republicans. by the way, this idea of bringing mitt romney into the obama administration is -- honestly, it's laughable. the guy ran against everything that obama stands for. >> it worked on the west wing. >> with all due respect as well, president obama -- this isn't coming from some right winger. you can take that out of your ears. it comes from reporters across capitol hill. president obama doesn't like doing these things. he doesn't like the personal interaction. and he certainly isn't one known to set aside his grudge. so i don't see any place for mitt romney inside an obama administration. >> i still think it would be nice. wait a second. wait a second. i think it would be nice for symbolism sake, perhaps, if president obama and mitt romney came out after that luncheon and appeared before cameras, said a few things and walked away. wouldn't that be nice, roland? >> no, no. >> come on. yes, it would. >> no, it wouldn't. no, it wouldn't. first of all, what are they going to say? the salmon's great? come on. the bottom line is if you're th
of having my place, it helps on public safety situations because not all your security is taxed and suddenly people are in the street and you're trying to round them up and get them on their way, even if they had extended hours for half an hour for now and they can always -- i don't know what the deal is, but at least if we're going to do extended hours, from my point for public safety, i think it's a plus, with we shut off their music or whatever, we can discuss that, but, you know, i'm kind of for extended hours to a point. >> commissioner tan? >> it doesn't seem like -- i think in their plan, it's to have programming go on potentially until 5:00, it's not necessarily to say we have to start the music at 2:30 so it could be slightly staggered, so i'm inclined to support both the place of entertainment and the extended hours, i think the request here is 5:00 and i don't see a compelling reason not to support that. >> is that a motion. >> so, i move with that -- >> is there anymore comment before -- >> can we discuss after we move? >> yeah, great. >> so i'm moving to approve both the place
the tech companies, all of this plan was -- had already been moved forward by the time the twitter tax break and all of that had gone through, so no, that was not taken into consideration. >> yeah, and i think in my opinion, this is just an opinion, the plan processed in -- you know, in regards to entertainment, i think a lot of the effort currently just came recently, you know, the supervisor said, hey, i want to look at how entertainment is being addressed here. i don't know, i think if you're asking, do they take into consideration what's happening in 2012, i don't think it really is, i think if you look at the net housing and the net jobs that are being developed through the plan, you're looking at a marginal increase of what the current plan is versus the proposed plan, so yeah, so i mean, i have to think about it more but honestly, i don't think it's been a process that's enabled a lot of opportunity for growth. >> thank you. >> okay, so again, behind this memo, take it home, take a look at it, there's some decent information in that and certainly the staff's person at planning w
of reaching a solution in fiscal cliff negotiations.. and stressed that taxes on the middle class should not go up.. he also commended the leadership shown by governors in the northeast during superstorm sandy. the president however, couldn't escape the firestorm of criticsim over embattled u-s u-n ambassador susan rice. he showed his support when answering a reporters question. >> susan rice is extraordinary. couldn't be prouder of the (applause) >>pam: rice is considered a top candidate to replace secretary of state hillary clinton... but she has been accused by republicans of misleading americans about what prompted the deadly september 11th attack on the u-s consulate in libya. this wild scene broke out in a milwaukee courthouse today.. after a driver was sentenced to prison for hitting and killing a boy. 23-year-old dedrick ashford received a year behind bars and one year probation for the fatal crash. the victim's family members became upset after the sentence came down.. and started brawling with ashford's relatives. as many as two dozen people were involved. several were i
again. 34 days now until the so called fiscal cliff occurs. taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots. >> in washington, d.c. there is going to be-to-have to be things that are cut to provide stories for them to take back as proof. why this is important for small businesses to be the last things cut. they're the fabric of the country and economy. so want to stress that to them. how important this has been for us and others too. >> he admits the small business benefited from incentive programs. now they have 31 employees. >> new jersey governor says super storm sandy caused $37 billion in damage to his state saying 30,000 homes or businesses were destroyed or sustained damage. he's requesting $37 billion from the federal governme
which you supervisors have actually approved would cost the tax payers $120 million. there's also another thing that is really critical is the congestion. the super congestion in the area. luckily i live in this area because i wanted the multi ple transportation bay area options to me and i walk to bart every day. i don't have to drive a car. but there is a lot of small businesses that are in the live-work units, commuters, people who come and go. and i understand how this plan to have 600 additional parking spaces and 200 on the other lot will fit into the city's adopted congestion management program. that affects all the funding and so forth, so, thank you. >> thank you. >>> good afternoon, supervisors. my name is peter. i'm a resident of rincon hill. i'm certainly in favor of san francisco having an arena facility. i submit to you that pier 30-32 is the absolutely wrong location for this project. it took 50 years and a major earthquake to get rid of a monstrosity of the embarcadaro freeway. let's not build another monstrosity on the waterfront. the artist's rendering show the m
today. including middle class tax cuts and his ambassador to the united nations. she is thought to be on the short list to succeed hillary clinton as secretary of state. >> couldn't be prouder of the job that she's done. [ applause ] rice failed to win the support of two more republican senators today. many republicans have criticized her for her initial account of the benghazi consulate attack, which did not label it as a terrorist attack. >>> to be a fly on the wall at the white house tomorrow. president obama will be having mitt romney over for lunch. during his victory speech, the president said he would reach out to romney and consider some of his ideas talked about during the campaign. no media coverage is expected. >>> the president of mexico has a new job lined up after his john ends in february. he will become a fellow at the. >>> a big jackpot on the line. what we are just hearing from powerball officials about where winning tickets were sold. plus the demand in one city that's driving parking prices close to $100,000. >>> back here in just about ten minutes and i've g
of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon,,,,,,,,,,,,,, every time someone chooses finish over cascade, it sparks a movement. look ! no ugly spots ! and see that shine ! you've got to try finish. because once they try finish, they can't keep it to themselves. i'm switching for good. wow ! awesome ! finish is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over a million neighbors, friends, and family have switched to finish. join the finish revolution. r
for it ourselves, it's called bribery. i have the treasurer collecting the tax dollars. we need innovation not organized crime. we need family businesses. together to cause solutions to our problems that we have together. the traffic is a manifestation of what's going on in our city, everyone honking all the time, so rude, so ill mannered. family is where it starts. my grandfather thomas jefferson said a -- society is what keeps family together because based on family that's a family business, i don't know why we're having -- my friend across the aisle says we should have a place where we -- we should have the full board with christina olague, where they can have public comment. we're having public comment right here. what are you talking about. this is public comment. i don't even know their business. they want to be innovative to san francisco.bdpj please give them their business. >> supervisor farrell: thank you very much. next speaker please. >> thank you, chairman. >> hello. my name is bella -- i'm here not as a resident of manner -- marina but of san francisco, i'm in scott's jurisdi
with this data. this research is all funded by the national research of health, your tax dollars. thank you for your attention. i will turn over to our moderator. thank you. [applause] >> actually, i would like to, i'm going to ask a few questions, but i was hoping we could get a debate going here rather than with me trying to ask intelligent questions and just have the very smart people just talking amongst themselves to educate us. so one of the questions that we're wanting to talk about today was the idea of free will in terms of the criminal justice system. and i would like to ask each of you, is there a definition of free will in the context of your individual work? we'll start with you, doctor. >> i would punt that one right over to david who is the expert in free will, and then we actually spent all last night debating this. david can start. >> ok. >> do you consciously choose to do that? [laughter] >> i think that free will is a mainly unhelpful concept and i think that you have to ask the question from the legal system and from the science perspective as to what free will might mea
view of the marina and alcatraz. to add a tax revenue spot with a great restaurant in that location is an icon to the city and in consideration with the fact that you might say the view of those things can be inhibited from the pictures they showed it seems obvious that would not be the case. i think the view would be fine. you would be able to walk by. they showed the path for the bikers so it doesn't seem to be a problem there. i know the mcnifns and can say those are the right people, if you're going to do the project that's the team you want, they will do it right. thank you. >> supervisor farrell: thank you. next speaker please. >> very good job on pronouncing the name. no one ever gets it right. my name is jake, the manager of the fillmore location woodhouse. and as far as being part of the community, i know that -- i know so many regulars names. i know the community. i can walk down the street on fillmore and recognize not just people that come into the restaurant, but the people in the community. as far as being a family operation, i know the name of woodhouse is derived fro
will talk about how to avoid a series of tax heights and spending cuts due to begin in january. he will do whatever it takes to get this done. also today, president barack obama will have lunch, prief at evaluately and the president said he would reach out but the president will talk about making the government work better. >>> tartar is in for -- tara is in for sal castaneda today. >>> in the northbound direction be aware of some problems and metering lights have been on for about a half hour and you are looking at an extra 15 minutes to get into san francisco this morning. through lafayette, very slow towards orinda. look at those brake lights on the right-hand side of your screen, this is congested compared to yesterday and the day before, and folks headed out a little earlier. a little sluggish on the north hand side of your screen, let's check in with steve. >>> it is on the mild side and he said this is like the pineapple express and we are getting a really strong wind. this is main lay cloudy -- mainly a cloudy morning and it is not cold at all. it is very mild with that south winds
for separate talks on the so-called fiscal cliff. they will discuss how to avert a series of tax increases and spending cuts due to begin in january. there's been little evident progress in talks between the white house and lead gop negotiator, house speaker boehner. >>> if you the past few days wishing you lived somewhere that has power ball, you may get your wish. california may be getting in on the big game, already played in 42 other states. lottery officials meet today and are expected to regulations to join power ball on the heels of staggering jackpot of 579 million dollars. two winners, arizona and misery -- arizona and missouri. >>> 5:36. let's see what is going on with the weather. . >>> good morning. up in the north bay, clover lake, clear lake, dry creek road light showers will continue to increase throughout the afternoon south afternoon novato into san rafael, light showers, lucas valley road, damp, winds are breezy this is in advance of this next system, look at this these thunderstorms offshore, these are going to stay north, we are looking at this line of heavier rain to m
-- forward on avoiding that fiscal cliff. he is due to meet to talk about how to avoid a series of tax heights and series of cuts due to begin in january. president barack obama said he will do whatever it takes to get this done and also today, president barack obama will have lunch at the white house with mitt romney, his former rival. during his election speech he said he would reach out to mitt romney and he is doing it. the white house has no specific ideas but they are looking forward to making the government work more efficiently. >>> there is an accident in the east bay, a big-rig slammed into three parked cars and has spilled diesel. it slammed into these cars here and the fire department is trying to mop up the diesel fuel spill. this is right between san leandro and cost trough valley. and it is off of 162nd avenue and you can see that it has created quite a mess there, so the crews will be there for quite some time trying to contain this. it did happen almost an hour ago so they have been on the scene almost an hour ago. you can see traffic is flowing nicely in both directi
, in private it is starting to take shape. here's some of the details they have given politico.com. taxes will go up about $1.2 trillion, entitlement programs mainly medicare will be cut by no less than $400 billion. there will be at least $1.2 trillion in spending cuts and war cuts. >>> another point in the "fiscal cliff" discussion unemployment a new congressional budget office report showing americans have collected more than half a trillion dollars in federal jobless benefits in the last five years. >>> a battle over an oyster farm has ended. the u.s. interior secretary ken salazar is not renewing drake's bay's oyster company's lease which expires at the end of the month. he visited the farm along point reyes national seashore last week saying it should be returned to the wilderness for future generations to enjoy. company supporters including senator dianne feinstein argue to save the farm because it's a key part of the rural economy in that area. >>> still ahead, bankrupt but still able to give out bonuses? the latest controversy haunting hostess. >> with the biggest payout in power
calvillo: an ordinance amending the business and tax regulations code to provide for a district term of up to 40 years when assessments are pledged or applied to pay any bonds, financing leases or other similar obligations of the city and authorize the board of supervisors to require a waited two-thirds vote of business owners to be assessed based on ballots cast as an alternative or additional procedure for establishing a business improvement district and levying assessments and clarifying existing positions and update references to state law. >> president chiu: colleagues, roll call vote. >> clerk calvillo: on item 19, supervisor avalos, aye. supervisor campos, aye. president chiu, aye. supervisor chu, aye. supervisor cohen, aye. supervisor elsbernd, aye. supervisor farrell, aye. supervisor kim, aye. supervisor mar, aye. supervisor olague, aye. supervisor wiener, aye. there are 11 ayes. >> president chiu: the ordinance is passed on the first reading. item 20. >> clerk calvillo: a resolution declaring the intention of the board of supervisors to establish a business based improvement dist
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